Currencies

The dollar is currently turning in a mixed performance against its major competitors Tuesday. The U.S. currency is holding on to gains against the Euro, but is down slightly against both the pound sterling and the Japanese Yen. U.S. economic data was largely positive today, with consumer confidence and...

The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country...

The dollar is up against all of its major competitors at the start of the new trading week, thanks to some better than expected economic data. Personal income and pending home sales both exceeded the expectations of economists. Investors will be watching for a number of important economic reports this...

The dollar is down slightly against all of its major competitors at the end of the trading week. Fourth quarter GDP came in weaker than anticipated this morning. The result came in unrevised, while economists were expecting an upward revision. However, consumer sentiment came in better than expected....

The dollar is gaining ground against its major European competitors Thursday and is bouncing back from early weakness against the Japanese Yen. Geopolitical concerns are partly responsible for the move, as well as the larger than expected decrease in U.S. weekly jobless claims.
After reporting a...

The dollar is down slightly against all of its major competitors on Wednesday, following the release of the weaker than expected durable goods orders report for February. With the exception of yesterday's new home sales data, U.S. economic data has been disappointing this week. Investors will be watching...

The dollar is bouncing back from early weakness against its major competitors Tuesday, following the release of some better than expected economic data. The U.S. currency's early weakness was due to some positive European economic data and the lingering disappointment from yesterday's weak existing home...

The pound extended its slide against its major rivals in European deals on Tuesday, as U.K. consumer price inflation fell to zero for the first time on record in February, boosting hopes that the Bank of England would keep its low rates for long time.
Data from the Office for National Statistics showed...

The dollar is pulling back against both the Euro and the Japanese Yen on Monday, but is holding its ground in comparison to the British pound. The recent trend of disappointing U.S economic data was continued at the start of the new trading week. U.S. existing home sales for February came in weaker than...

The dollar is scaling back towards the lows it set on Wednesday, after the Federal Reserve concluded its monetary policy meeting. The U.S. currency bounced back from those sharp declines yesterday, but with a lack of U.S. economic data at the end of the trading week, is again approaching those levels....

The dollar has nearly fully recovered from yesterday's sharp decline. The U.S. currency sold-off sharply Wednesday after the Federal Reserve released its statement, upon the conclusion of its monetary policy meeting.
The Fed statement was interpreted as dovish, even though the central bank removed...

The Swiss franc strengthened against the other major currencies in the early European session on Thursday after the Swiss National Bank left its monetary policy unchanged as widely expected by economists.
The SNB maintained the target range for the three-month libor unchanged between -1.25 percent...

The dollar has turned sharply lower against all of its major competitors Wednesday afternoon. The Federal Reserve concluded its two-day monetary policy meeting and has backed away from its pledge to "be patient," a strong signal that the central bank will hike interest rates in August or September.
The...

The dollar is currently turning in a mixed performance against its major rivals Tuesday. The U.S. currency is slightly lower against both the Euro and the Yen, but is gaining ground against the British pound. Global economic data trended towards the weaker side today, especially the U.S. housing starts...

The dollar is losing ground against both the Euro and the pound sterling at the start of the new trading week. Some pull back is to be expected after the recent surge in the U.S. currency, but a series of weaker than expected economic reports this morning is also playing a role in the dollar's decline.
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